-
And last week's revised GDP data revealed that, at crucial times in our recent economic history, the facts that policy makers had in front of them were completely wrong.
BBC: The Nobel prize, and the ONS
-
Especially when the 'facts' provided by statisticians are themselves up for debate, as we discovered, once again, last week in newly revised GDP data from the Office for National Statistics (ONS).
BBC: The Nobel prize, and the ONS
-
Last week, the ONS sharply revised its GDP data for the UK, saying the economy shrank by 2.4% in the first quarter of 2009, compared with its earlier estimate of a contraction of 1.9%.
BBC: Worst of the recession 'is over'